You'll be hard pressed to find a turn key SFH that's going to realistically make you much over an 8 cap with a PM factored in.

But as others had mentioned 20% cash on cash is a standard bench mark. 

I believe it will, as always be a local question.Although Millenials are not buying homes as quickly per the press, stats say homeownership as a % of the population peaked around 2004, dropped in the melt down and is trending back up. 

I would press the agent to make sure that your offer was presented and invite a counter. 

I hope you will press through the challenges and reach your success.

A couple years ago there was a change in the guard in the Utah AG's office which led to a significant crackdown and major change to how seminar and telemarketing companies operated, but there are still plenty out there.I would have to do some digging to find it, but I recall reading a press release, it had to be 2013 or 2014, where the FTC issued a statement about these companies saying something like "You can sell whatever you want, to whoever you want, for whatever price or profit you want, as long as the person knows what they are getting and are willing to pay for it, and agree to the terms you outline". 

Just be sure and account for these factors.I suspect you'll be hard pressed to fix and flip an apartment building, or even a tri or quad, in a few months.

There are lots of people jumping in these days who think owning a 4 plex is like owning a printing press for money.

Location plays a role for sure, but amenities (i.e. pool, hot tub, volleyball, tennis courts, golf carts, etc.) and other nontangibles (i.e. water views) are all factored into the equation.Build the picture of income expectation through multiple sources (local PMs, rental history, and AirDNA) to give yourself the most confidence to press forward. 

Most of the media is saying property owners lost bigtime in that the moratorium wasn't immediately overturned (Associated Press, NPR, Reuters, etc).